'Girls Gone Wild' creator Joe Francis has been sentenced to 270 days jail time and 3 years' probation after he allegedly assaulted a woman in 2011.

JOE FRANCIS, the creator of adult entertainment franchise Girls Gone Wild, was sentenced yesterday (27th August) to 270 days in jail and three years' probation after assaulting a woman in 2011. He will also be attending anger management classes and 52 sessions of psychological counselling, according to reports on USA Today.

Joe Francis in 2012 at a party with the Kardashians.

The incident occurred at Francis' Los Angeles mansion on 29th January 2011. The creator 'invited' three women, whom he had met at the Supper Club in Hollywood, back to his house. 'Invited' may not have been the case as Francis manhandled one woman, taking her back to his limo. Her two friends, assuming there was nothing unsavoury, followed. They assumed they would be taken to their car but were driven to Francis' home where the incident took place. According to statements made in court, Francis was interested in one woman but her friend attempted to pull her away from the 40-year-old. It was the friend Francis allegedly attacked. Witnesses state they saw Francis drag the woman across the floor and hit her head against the ground, continuing by repeating the process. Following the incident Francis accused the women of trespassing.

Joe Francis appears with his girlfriend in a sex-tape saved on her stolen iPad.

JOE FRANCIS, the founder of 'Girls Gone Wild' is threatening criminal and civil action if a sex-tape of himself and girlfriend Abbey Wilson appears online. The video was saved on an iPad belonging to his girlfriend that was stolen at LAX airport a few weeks ago. It is said to be professional quality, reports TMZ.com.

"I'm a connoisseur of pornography," Francis said. "I'm Steven Spielberg when it comes to this." On a serious note, the tycoon - recently convicted of assault and false imprisonment - says he is confident the police will arrest the thief and is adamant he will take the matter further. His lawyer David Houston said, "It is not only unfortunate, but it is a crime. As such, this office will take all necessary steps to determine who in fact has done this and who is attempting to distribute the video," adding that they've already contacted the authorities and issued a stern warning to the culprit, "When we catch you, we will see that you are prosecuted to the fullest extent of both the criminal and civil laws."

Francis and girlfriend Wilson are set to appear on a new VH1 reality show 'Couple's Therapy,' debuting on June 12. On speculation that the tape could be a stunt, Francis said "We will never sign a release. You will never see this tape. This is not a publicity stunt," Francis said. "I just want my property returned to me and for this criminal to be arrested and prosecuted."

Girls Gone Wild ran out of cash. Yes, the adult move company has presumably succumbed to the rise of internet pornography and filed for Chapter 11 reorganization of the business. However, GGW head honchos say it's business as usual and that late night TV viewers will still be able to get their kicks.

According to TMZ.com, lawyers for Girls Gone Wild filed documents in U.S. Bankruptcy Court on Thursday (February 28, 2013), essentially giving the company protection from creditors while to comes up with a plan to tackle its debts. According to the documents, there are three subsidiaries of GGW filing for Chapter 11, GGW Magazine, GGW Events and GGW Direct.

In a bullish statement, the company says it remains financially sound (really?) and namedrops other organizations like "American Airlines and General Motors," who have in the past sought reorganization under Chapter 11. Note to GGW founder JOE FRANCIS - who insists there is no damage to his personal wealth - you're company is not American Airlines or General Motors.